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BUSINESS STATISTICS A HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1953 Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1949 to 1952, and monthly averages for earlier years back to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1949. Series added or revised since publication of the 1953 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index numbers and dollar values refer to adjustment of monthly figures for seasonal variation. Statistics originating in Government agencies are not copyrighted and may be reprinted freely, provided through the courtesy of the compilers, and are subject to their copyrights. 1952 1952 am! descriptive notes are shown in the 1953 Statistical Supplement to the Survey November Data from private sources are 1953 December January February March April May June July Augrust S^"" October No™n- GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT Seasonally adjusted quarterly totals at annual rates: National income total bil of dol Compensation of employees, total do Wages and salaries, total do Private do Military do Government civilian do Supplements to wages and salaries do Proprietors' and rental income, totaled do Business and profession alcf1 do Farm do Rental income of persons do Corporate profits and inventory valuation adjustment, total bil. of dol Corporate profits before tax, total do Corporate profits tax liability do Corporate profits after tax do Invemcorv valuation adjustment do Net interest do Gross national product, total do Personal consumption expenditures, total do Durable goods _ do Nondurable goods do Services do Gross private domestic investment, total bil of dol New construction do Producers' durable equipment do Change in business inventories do NV->t, foroi&n invPiStmfmt 301 4 201 3 191. 3 158 3 10 4 22 6 10.0 51.1 26.7 14 0 10.3 306 7 204 5 194.5 161 3 10 4 22 8 10.0 50 8 27. 0 13 4 10.4 41.7 40. 3 21 2 19 1 1. 4 7.4 7 0 0 5 6 9 0 7 0 3 4 210 4 200. 6 166 9 10 5 23. 1 9.8 49. 1 26.9 11.6 10.6 43.8 44.6 24 4 20 3 — 8 7.6 45.2 45.9 25 0 20 8 — 6 7.7 -2.6 7.9 361. 1 362 0 372 4 28.2 121 1 75.1 30.2 121 2 76 3 30.7 122 1 77 6 369. 0 231.0 30.4 121 3 79.2 224.4 do Government purchases of goods and services, total bil of dol Federal (less Government sales) do National seourity9 do State and local do Personal income total do Less: Personal tax and nontax payments . GO Equals' Disposable personal income do Personal saving§ do 310 208 198 164 10 22 10 49 27 12 10 227.7 230.4 57 9 23.9 25.5 8.5 -1.6 54 0 25 0 26.2 2 9 —2.1 61 0 25 3 26.9 88 -2.5 56 5 24.9 27. 1 4.5 -2.1 80.4 56.4 50.5 24.0 82 4 57.4 51 6 24.9 83 5 58.9 53 5 24.6 83.6 58.4 52. 1 25.2 278.3 281 6 36.2 245. 4 17.7 284 4 36.7 247 7 17.2 286. 8 37.0 249 8 18.8 35.3 243. 0 18.6 PERSONAL INCOME, BY SOURCE Seasonally adjusted, at annual rates: Total personal income bil. of dol.. Wage and salary disbursements, total do. Commodity-producing industries do Distributive industries do Service industries (io Government do Wage and salary receipts, total do Other labor income __ _ do Proprietors' and rental income do Personal interest income and dividends-- do Transfer payments do Less personal contributions for social insurance bil. of dol.. Total nonagricultural income ._ do 280. f> 192.5 87.0 50. 1 22 6 32.8 188.7 5.1 51.8 21.5 13. 6 280.5 3.8 3.9 4.1 259. 1 261. 6 261. 1 19L4 85.6 50.0 22.5 33.3 187.8 5.1 50.0 21.4 13 1 192.8 86.8 50 2 22.7 33.1 188.8 5.1 51.6 21. 6 13 5 283.6 284.7 287.0 286.3 196, 2 88.8 50 9 23.2 33 3 192.4 5.1 50.7 21.9 13 7 282. 7 196.6 88.8 51.0 23.4 33.4 192.8 5.1 49.4 22.0 13 6 3.9 4.0 4.0 4.0 4.2 4.2 4.1 4.0 4.0 4.0 263.3 265.4 265.5 267.2 268.8 270.6 270.7 270.0 ' 270. 5 268.6 281.0 194. 6 88.0 50.6 22 8 33. 2 190.9 5.1 50.2 21.7 13 3 198.0 89.3 51 7 23.5 33.5 194 2 5.1 50.0 22.1 13 5 286 3 199.5 89.8 52 2 23.9 33.6 195 6 5.1 50.1 22.3 13 5 287. 5 201.2 90.6 52 9 24.2 33. 5 197 3 5.1 49.5 22.4 13 5 201.0 90.2 52.9 24.1 33.8 197 1 5.1 48.9 22.5 13 6 199.9 89.3 52.7 24.1 33.8 196. 0 5.1 49.0 22.7 13 6 ' 287. 2 '199.3 "88.7 r 52 7 r 24. 2 r 33 7 r 195 Q 51 •• 49. 5 22.8 r 14 5 285. 4 197.7 87.3 52 6 24.1 33 7 198 9 5.1 50.0 22.8 13 8 NEW PLANT AND EQUIPMENT EXPENDITURES 7,225 6,147 7, 265 All industries quarterly total mil of dol i 7 076 2,747 3, 367 3 079 3,280 Manufacturing do 199 229 212 238 Miir'ng - do 310 357 299 358 Railroads do 311 335 355 339 Transportation other than rail do 904 1,142 1,148 Public utilities do 1,206 1,675 1,835 Commercial and other ... -do 1,899 1,887 r l Revised. Estimates for October-December 1953 and January-March 1954, based on anticipated capital expenditures of business, appear on p. 4 of the December 1953 SURVEY. cf Includes inventory valuation adjustment. 9Government sales are not deducted. §Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above. 2S42070—54 4 S-l